(VIANEWS) – The Gabelli Healthcare & Wellness Trust (GRX), Williams Companies (WMB), Fastenal Company (FAST) are the highest payout ratio stocks on this list.
Here’s the data we’ve collected of stocks with a high payout ratio as yet. The payout ratio in itself isn’t a guarantee of a future good investment but it’s an indicator of whether dividends are being paid and how the company chooses to distribute them.
When investigating a potential investment, the dividend payout ratio is a good statistic to know so here is a list of some companies with an above 30% payout ratio.
1. The Gabelli Healthcare & Wellness Trust (GRX)
230.77% Payout Ratio
The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector. It invests in stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the S&P 500 Index, S&P 500 Consumer Staples Index, and S&P 500 Health Care Index. The Gabelli Healthcare & Wellness Trust was formed on February 20, 2007 and is domiciled in the United States.
Earnings Per Share
As for profitability, The Gabelli Healthcare & Wellness Trust has a trailing twelve months EPS of $0.26.
PE Ratio
The Gabelli Healthcare & Wellness Trust has a trailing twelve months price to earnings ratio of 34.08. Meaning, the purchaser of the share is investing $34.08 for every dollar of annual earnings.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 6.8%.
Yearly Top and Bottom Value
The Gabelli Healthcare & Wellness Trust’s stock is valued at $8.86 at 08:23 EST, way under its 52-week high of $10.71 and higher than its 52-week low of $8.82.
Moving Average
The Gabelli Healthcare & Wellness Trust’s worth is below its 50-day moving average of $9.62 and way under its 200-day moving average of $9.97.
Volume
Today’s last reported volume for The Gabelli Healthcare & Wellness Trust is 35049 which is 17.32% above its average volume of 29873.
2. Williams Companies (WMB)
78.25% Payout Ratio
The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; risk and asset management; and NGL marketing services. The company owns and operates 33,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 24 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.
Earnings Per Share
As for profitability, Williams Companies has a trailing twelve months EPS of $2.23.
PE Ratio
Williams Companies has a trailing twelve months price to earnings ratio of 15.16. Meaning, the purchaser of the share is investing $15.16 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 20.37%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 15.5%, now sitting on 10.77B for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 16.3% and a negative 18.2%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on Sep 7, 2023, the estimated forward annual dividend rate is 1.79 and the estimated forward annual dividend yield is 5.43%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Williams Companies’s EBITDA is 40.38.
3. Fastenal Company (FAST)
67.35% Payout Ratio
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Earnings Per Share
As for profitability, Fastenal Company has a trailing twelve months EPS of $1.96.
PE Ratio
Fastenal Company has a trailing twelve months price to earnings ratio of 28.59. Meaning, the purchaser of the share is investing $28.59 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 34.25%.
Sales Growth
Fastenal Company’s sales growth is 2.7% for the current quarter and 3.1% for the next.
4. Chesapeake Utilities Corporation (CPK)
44.4% Payout Ratio
Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services. The company was founded in 1859 and is headquartered in Dover, Delaware.
Earnings Per Share
As for profitability, Chesapeake Utilities Corporation has a trailing twelve months EPS of $4.94.
PE Ratio
Chesapeake Utilities Corporation has a trailing twelve months price to earnings ratio of 21.96. Meaning, the purchaser of the share is investing $21.96 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.51%.
Yearly Top and Bottom Value
Chesapeake Utilities Corporation’s stock is valued at $108.46 at 08:23 EST, way under its 52-week high of $132.91 and higher than its 52-week low of $105.01.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Sep 13, 2023, the estimated forward annual dividend rate is 2.36 and the estimated forward annual dividend yield is 2.16%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Chesapeake Utilities Corporation’s EBITDA is 4.01.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 22.2% and 17%, respectively.
5. Flowserve Corporation (FLS)
44.2% Payout Ratio
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.
Earnings Per Share
As for profitability, Flowserve Corporation has a trailing twelve months EPS of $1.81.
PE Ratio
Flowserve Corporation has a trailing twelve months price to earnings ratio of 21.43. Meaning, the purchaser of the share is investing $21.43 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.64%.
Yearly Top and Bottom Value
Flowserve Corporation’s stock is valued at $38.78 at 08:23 EST, below its 52-week high of $41.02 and way higher than its 52-week low of $23.89.
Volume
Today’s last reported volume for Flowserve Corporation is 779067 which is 15.65% below its average volume of 923633.
Moving Average
Flowserve Corporation’s value is above its 50-day moving average of $38.70 and way higher than its 200-day moving average of $34.99.
1. 1 (1)
1% Payout Ratio
1
Earnings Per Share
As for profitability, 1 has a trailing twelve months EPS of $1.
PE Ratio
1 has a trailing twelve months price to earnings ratio of 1. Meaning, the purchaser of the share is investing $1 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1%.
